Keurig Dr Pepper (NASDAQ:KDP) Hits New 1-Year High After Analyst Upgrade

Key Points

• Keurig Dr Pepper hit a new 52-week high after UBS raised its price target from $39 to $42 and reiterated a Buy rating.
• The company reported quarterly EPS of $0.66, beating the $0.62 estimate, and revenue of $7.34 billion, slightly ahead of forecasts. Sales rose 70.6% year over year, partly reflecting the JDE Peet’s acquisition.
• KDP maintained its 2026 sales outlook and plans to separate its coffee and beverage businesses in early 2027. Beverage growth is a bright spot, while softer coffee demand remains a headwind.

Keurig Dr Pepper, Inc (NASDAQ:KDP - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Thursday after UBS Group raised their price target on the stock from $39.00 to $42.00. UBS Group currently has a buy rating on the stock. Keurig Dr Pepper traded as high as $37.32 and last traded at $37.4860, with a volume of 657,434 shares changing hands. The stock had previously closed at $36.79.

A number of other equities analysts also recently weighed in on the stock. Bank of America increased their price target on shares of Keurig Dr Pepper from $35.00 to $38.00 in a research note on Friday, July 10th. Evercore upped their price objective on Keurig Dr Pepper from $30.00 to $32.00 in a report on Thursday, October 8th. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $42.00 target price on shares of Keurig Dr Pepper in a research report on Tuesday, August 4th. Barclays lifted their target price on Keurig Dr Pepper from $36.00 to $38.00 and gave the company an "overweight" rating in a report on Monday, August 10th. Finally, JPMorgan Chase & Co. boosted their price target on Keurig Dr Pepper from $39.00 to $41.00 and gave the company an "overweight" rating in a research report on Wednesday. Ten investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, Keurig Dr Pepper has a consensus rating of "Moderate Buy" and a consensus target price of $37.12.

Insider Activity at Keurig Dr Pepper

In other Keurig Dr Pepper news, Director Aaron E. Alt acquired 7,862 shares of the company's stock in a transaction dated Tuesday, August 25th. The stock was bought at an average price of $31.83 per share, with a total value of $250,247.46. Following the completion of the transaction, the director directly owned 7,862 shares of the company's stock, valued at approximately $250,247.46. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Mary Beth Denooyer sold 12,000 shares of the firm's stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $32.55, for a total transaction of $390,600.00. Following the completion of the transaction, the insider directly owned 84,171 shares in the company, valued at approximately $2,739,766.05. This represents a 12.48% decrease in their position. The SEC filing for this sale provides additional information. 0.34% of the stock is currently owned by insiders.

Keurig Dr Pepper News Roundup

Here are the key news stories impacting Keurig Dr Pepper this week:

• Positive Sentiment: Energy drinks are a growth bright spot: the category’s market share topped 10% following recent brand acquisitions. Third-quarter earnings per share of $0.66 also exceeded the $0.62 consensus estimate, while reported sales benefited from the JDE Peet’s acquisition. Keurig Dr Pepper: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Several analysts raised their price targets, including UBS to $42 with a Buy rating, JPMorgan to $41 with an Overweight rating, and Morgan Stanley to $40 with an Overweight rating. Piper Sandler also lifted its target to $41. The upgrades signal continued confidence in KDP’s prospects. UBS Group recommendations Piper Sandler raises price target
• Neutral Sentiment: KDP maintained its full-year outlook, forecasting 2026 net sales of $25.9 billion to $26.4 billion, and is preparing to separate its coffee and beverage businesses in early 2027. The split could make the businesses’ differing growth and valuation profiles clearer, but its eventual impact remains uncertain. 2026 sales outlook and planned separation
• Negative Sentiment: Coffee demand remains a headwind: shoppers are trading down, and the company warned of slower U.S. coffee profits in the fourth quarter. This weakness may temper the positive impact of beverage growth; TD Cowen’s $35 target and Hold rating also show that analysts are not uniformly bullish. Keurig Dr Pepper flags slower fourth-quarter coffee profits TD Cowen recommendations

Institutional Trading of Keurig Dr Pepper

Several large investors have recently added to or reduced their stakes in KDP. Keybank National Association OH raised its holdings in shares of Keurig Dr Pepper by 3.0% during the third quarter. Keybank National Association OH now owns 18,876 shares of the company's stock worth $573,000 after purchasing an additional 557 shares during the period. Csenge Advisory Group bought a new position in shares of Keurig Dr Pepper in the 3rd quarter worth about $286,000. AlphaCore Capital LLC boosted its holdings in shares of Keurig Dr Pepper by 58.8% in the 3rd quarter. AlphaCore Capital LLC now owns 20,196 shares of the company's stock valued at $613,000 after buying an additional 7,476 shares during the period. Retirement Systems of Alabama boosted its holdings in shares of Keurig Dr Pepper by 664.0% in the 3rd quarter. Retirement Systems of Alabama now owns 2,183,609 shares of the company's stock valued at $66,251,000 after buying an additional 1,897,787 shares during the period. Finally, Fulcrum Asset Management LLP boosted its holdings in shares of Keurig Dr Pepper by 1,691.7% in the 3rd quarter. Fulcrum Asset Management LLP now owns 3,225 shares of the company's stock valued at $100,000 after buying an additional 3,045 shares during the period. 93.99% of the stock is currently owned by institutional investors and hedge funds.

Keurig Dr Pepper Trading Up 1.7%

The company has a current ratio of 0.52, a quick ratio of 0.28 and a debt-to-equity ratio of 0.73. The business's 50-day moving average is $32.68 and its two-hundred day moving average is $30.11. The firm has a market cap of $50.90 billion, a P/E ratio of 34.34, a P/E/G ratio of 1.65 and a beta of 0.35.

Keurig Dr Pepper (NASDAQ:KDP - Get Free Report) last released its quarterly earnings data on Tuesday, November 3rd. The company reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.04. Keurig Dr Pepper had a net margin of 7.12% and a return on equity of 11.27%. The firm had revenue of $7.34 billion for the quarter, compared to analyst estimates of $7.33 billion. During the same quarter in the prior year, the business earned $0.54 earnings per share. Keurig Dr Pepper's quarterly revenue was up 70.6% on a year-over-year basis. As a group, analysts expect that Keurig Dr Pepper, Inc will post 2.30 earnings per share for the current fiscal year.

Keurig Dr Pepper Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 9th. Stockholders of record on Monday, September 28th were given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Monday, September 28th. Keurig Dr Pepper's dividend payout ratio is presently 92.93%.

About Keurig Dr Pepper

Keurig Dr Pepper Inc NASDAQ: KDP is a beverage company that operates across coffee and packaged beverages. Its portfolio includes soft drinks, flavored waters, juices, juice drinks, ready-to-drink teas and coffees, sports and energy beverages, and mixers, as well as single-serve coffee brewing systems and pods.

The company’s brands include Keurig, Green Mountain Coffee Roasters, The Original Donut Shop, Dr Pepper, Canada Dry, Snapple, 7UP, A&W, Mott’s, Bai, CORE Hydration and Venom, among others.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.